Explanation:
In this case, it is incorrect to wait until payment to record the expense, as organizational accounting is essential in an organization so that there is a record and control of organizational financial transactions so that companies can obtain information about the business and take reasoned decisions based on the current reality of the company.
Therefore, all income and expenses for the period must be recorded in accounting so that there is real information about an organization's movements in a period.
This is false. When inflation happens, prices go up in the economy.
Global market segmentation has been defined as the process of identifying consumers with similar attributes who are likely to exhibit a similar buying behavior.
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Explanation:</u></h3>
The process involved in the identification of a particular segment of customers to sell the products refers to the Global Market Segmentation. Those customers of the groups that has the nature of similar behavior in buying of certain products will be grouped together under this process.
The people in the identified group will have the same purchasing behavior. Thus, when the customers of similar buying behaviors are grouped then the targeting process of the business will become easier. Fir example if you are manufacturing chocolates then it will be easier to target on;ly children and the adults.
Answer:
C. $1,370,000
Explanation:
Calculation to determine the cost figures that should be used in setting a minimum bid price if Harlen has excess capacity
Direct material $340,000
Direct labor $610,000
Allocated variable overhead $420,000
Minimum bid price $1,370,000
($340,000+$610,000+$420,000)
Therefore the cost figures that should be used in setting a minimum bid price if Harlen has excess capacity is $1,370,000
Answer: Invest according to your risk appetite
Explanation:
The purpose of this question is to measure your risk appetite. There is therefore no right or wrong answer.
If you pick nothing, then you are very risk averse because you don't want to risk your salary on a venture with only a 20% chance of success.
If you would invest a month salary, you are not risk averse but you only have a moderate risk tolerance.
If you invest three months salary on a venture with a 20% chance of success, you have a high tolerance for risk.
If you take it a step further and invest six months salary, this shows that you have a very high risk tolerance.
